Which Hispanic Group Has the Highest Level of Income and the Lowest

question 4

Multiple Choice

Which Hispanic group has the highest level of income and the lowest level of poverty and unemployment?

• A) Mexican Americans
• B) Puerto Ricans
• C) Cuban Americans
• D) Caribbean Hispanics
• E) All groups are equal in income, poverty, and unemployment.

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Definitions:

Compound Interest

Interest on a deposit or loan that is calculated based on the initial amount along with the total of all interest accumulated in earlier periods.

Present Value Index

A financial calculation that allows the comparison of the present value of cash inflows to the present value of cash outflows.

Rate of Return

A measure of the profitability of an investment, expressed as a percentage of the original investment.

Desired Rate

A targeted rate of return or performance that a company or individual aims to achieve, often used in financial and operational planning.